Emergic: February 14, 2006 Archives

Emergic: February 14, 2006 Archives
TECH TALK: India Internet and Mobile: Role of Venture Capital (Part 2)

Venture capitalists should also think of building up an ecosystem of companies along a value chain in the selected areas, rather than making an independent string of investments. This is because most of the elements of the value chain that are required to make a new venture succeed do not exist fully in India. This lack of legacy can be turned into an opportunity rather than a drawback through smart thinking and investing. It is a bit like the keiretsu approach of Japanese companies. Such an approach will require thinking at an early stage of what tomorrow�s world is going to be � and then working to put in place all the companies that are required to make that world a reality....